5 consecutive years of decline, can BTC break the January curse?

Can BTC break the January curse?

February, April, May and June performed best. According to the monthly performance of BTC prices from 2010 to 2019, BTC performed the best in February, April, May, and June, with a rising probability of 78%.

The worst performance in March. In history, BTC performed the worst in March, with a drop probability of 78%, and August and September also performed poorly, with a drop probability of 70%.

The monthly rise and fall fell. From 2010 to 2013, the largest monthly increase of BTC exceeded 100%, especially in November 2013, the increase reached a staggering 448%. However, as the price of BTC rises and the market value continues to rise, the monthly rise and fall of prices gradually decline.

Break the curse? Historically, the probability of BTC price falling in January reached 56%, especially in January in the past 5 years, BTC closed down, with an average decline of 16.9%. However, from January to 2020, BTC prices have increased by 26.7%.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Wu's Weekly Picks CoinEX attacked, FTX's coin selling rules, Binance US layoffs, and Top 10 news (September 9-15)

Author | Wu's Top 10 Blockchain News This Week. US August Unadjusted CPI Annual Rate 3.7% Core...

Blockchain

Why do institutional investors use the exchange Bakkt as the gateway to the world of encryption?

Bakkt, the cryptocurrency exchange initiated by ICE, the parent company of the New York Stock Exchange, has officiall...

Blockchain

Futures Exchange Industry 2019 Phase II Research Report

Summary of points: 1. From January to July 2019, the volume of digital passbook futures increased significantly. The ...

Blockchain

ChainNode Live Room | Derivatives track has become an industry consensus. Bitcoin will be up to $ 20,000 in the year?

Since the beginning of this year, the trading platform has frequently acted, causing one after another "destruct...

Blockchain

"Black Horse" Exchange FTX Receives Liquid Value to Participate in Round B Investment, The Next Crypto Unicorn Is Coming Soon

The Hong Kong-based FTX exchange appears to be the latest unicorn cryptocurrency company with a valuation of $ 1 bill...

Blockchain

Lies of the trading platform——how to dynamically check the authenticity of transactions on the exchange

I. Overview of market transactions As an important participant and builder in the blockchain ecosystem, cryptocurrenc...